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Explain the conditions under which the forward exchange rate will be an unbiased predictor of the future spot exchange rate.
Answer: the conditions when forward exchange rate will be an unbiased predictor of the future spot rate is
a) If the risk premium is insignificant and
b) If foreign exchange markets are informationally efficient.
please give us the formula of price of equity shares of walter''s and gordon''s model
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It is the exercise price at which the investor or the bondholder exchanges the bond for shares.
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